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Automating incoming inventory management reduces loss

from Plant Services

Is the inventory used to start your supply chain being given the attention it needs? Unlike fixed assets, inventory, especially raw materials or components used in manufacturing, sometimes is treated as another cost of doing business. Consider this: Companies ranging in size from local machine shops to Fortune 100 companies collectively spend billions of dollars each year to try to prevent losses in order fulfillment, but they don’t know when inventory needed for production was received, where it was placed, how old it is, or what its present value is. more

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